US EditionShares sink as Trump tariffs unleash recession fears
- Stocks fell sharply as U.S. President Donald Trump's tariffs raised fears of a recession, resulting in the dollar facing its worst week in a month.
- In Asia, Japan's Nikkei index dropped 1.85%, extending its total decline amid concerns spurred by Trump's newly announced trade barriers.
- Gold prices approached a record high at $3,112.81 an ounce, as uncertainty from Trump's tariffs increased demand for safe-haven assets.
- Experts, such as David Bahnsen and David Doyle, expressed concerns about potential economic downturns and the challenges central banks face in addressing stagflation.
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Shares sink as Trump tariffs unleash recession fears
European shares were seeing big losses this morning as they headed for their steepest weekly loss in three years, as investors grappled with prospects of a global recession after US President Donald Trump announced sweeping tariffs on trading partners.
·Ireland
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US dollar, global stocks sink as gold hits high on Trump tariffs
LONDON, United Kingdom — The dollar and equity markets tumbled Thursday after President Donald Trump’s latest tariffs salvo against countries worldwide, fanning a trade war that many fear will spark recession and ramp up inflation. The dollar slumped by as much as 2.6 percent versus the euro, its biggest intraday plunge in a decade, and suffered
·Manila, Philippines
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Total News Sources21
Leaning Left2Leaning Right4Center2Last UpdatedBias Distribution50% Right
Bias Distribution
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L 25%
C 25%
R 50%
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